Gold dropped to around $2,330 per ounce on Thursday due to increasing US Treasury yields and demand for the greenback following hawkish remarks from Fed officials. Fed Atlanta President Bostic expressed uncertainty about reaching 2% inflation and highlighted significant price gains. Gold moves towards 2350, passing through the lowest bottom of wave 3, but the...
Gold prices dropped slightly to hover around $2,360 per ounce on Wednesday. According to analysis GOLD is following the previous wave E assessment, completing wave 4 and continuing wave 5. Gold price resumed its uptrend on Thursday and climbed more than 1% as US Treasury yields dropped, undermining the Greenback's appetite. ZONE SELL: 2358 - 2362 ZONE BUY:...
Gold broke out of Bullish flag pattern and going for new targets. First target is 2075 and final target is 2458. These are long term monthly targets.
Be provide a good signal in The Gold and still good show the bullish sign because it’s not break 2400 level. Buy gold 2410-2420 Target are 2460 2480 2510 Sl are 2370
Be provide a good signal in The Gold and still good show the bullish sign because it’s not break 2400 level. Buy gold 2410-2420 Target are 2460 2480 2510 Sl are 2370
above is the h1 time frame trade analysis of pair xau/usd possible up front move from discounted area 2390 to 2393 long from 2390 to 2393 sl area 2370 target area 2450 and above
At the start of the week, gold prices saw a decline due to stronger U.S. Treasury yields and a rebound in the U.S. dollar. This led to a moderate pullback from its recent peaks, although the price of gold still remains relatively high historically, influenced by persistent economic and geopolitical uncertainties. Analysts predict that gold prices may rise later...
Current Market Situation Gold prices have been experiencing a bullish trend, recently approaching the resistance zone of 2397-2400. This movement is significant as it indicates a potential test of this critical resistance level. Scenario 1: Immediate Upward Movement In the first scenario, gold continues its upward trajectory and tests the 2397-2400 resistance...
Gold price extended its uptrend for the second straight day on Wednesday and hit a three-week high of $2,390 after data revealed by the US Bureau of Labor Statistics showed inflation is ebbing, increasing the odds for a Federal Reserve rate cut in 2024.
Breakout in gold, Can go long with RR 1:2.5 Follow for more.
Technical analysis from TradingView highlights that gold recently touched $2,360 and even approached $2,380 before facing some resistance and correcting downwards. Despite this, the sentiment remains that a round bottom pattern may indicate potential growth in prices, with key levels being watched at around $2,365 and $2,379 (TradingView). The ongoing...
if price brake through 2393 area and retest that zone one can open long position long area 2372 tgt1 2397 tgt2 2406 sl area 2368
In this chat you can see the trendline The prise crossed the trendline lable Its mean the prise breaked the trendline And its also itts breaked the rectangle small zone It will take time to break fully But.. After full breakout a good fall momentum will shown in gold So keep in your mind This can break Stay connected with gold Watch in lower timeframe After a...
ITS MY PERSONAL STRATEGY The gold showing a good UPMOVEE Having a good potential There is nothing to doubt It have a great surety of UP MOVE Due to these reason 1.It have GOOD SUPPORT without any confusing chat 2. It have clear entry and Tp point 3. Sellers seems heavy due to volume
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It's showing a fall due to these reason It's retracted the support after the breakout 2.its getting support from neckline plus support making it's more stronger due to double support 3. The trendline also giving a support 4. Overall meaning is it's getting support from three point mean it's a good situation for buying A good move gonna show here Just grab out...
Good Morning traders, Gold is moving in range. Above 2310 Gold buy zones are 2314 2316 with the targest of 2320 2330 and 2340 Below 2310 Gold sell zones are 2305 2300 and 2990 Trade accordingly, Happy Trading 😉😉